Many businesses in the world today are run by family members. Do the advantages of family-run businesses outweigh the disadvantages. Give reasons for your answer and include any relevant examples from your experiences or knowledge

In order to earn profit and an enormous amount of money some of the individuals like to run their own work and they hire their family members because they think that they are more trustworthy and loyal.There are various pros and cons of
this
trend and my viewpoints on
this
issue will be elaborated in the aforementioned paragraphs.
To begin
with, the main benefit of
a
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an
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amily
Correct your spelling
family
business
is that it is flexible,and people can not take independent decisions if they want to make any changes in it,whereas if a person works under a huge organisation,
then
it is very tough to make any amendment and before that
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,
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he has to undergo a long process in which he took the acceptance of all the co-workers and permission of higher authorities.
For instance
,one of my friends was working in a school but he was not satisfied with the curriculum of students and he made some changes in it,but before that he he had gone under long process in which he convinced his co-teachers and taken the permission of Principal.
On the other hand
, there are some drawbacks of family
business
because sometimes in a family
business people
Correct your spelling
businesspeople
show examples
trust each other blindly and they can be cheated by their own family members.Another demerit is that there are chances of bankruptcy in that
business
when people get any failure and
this
can become the cause of depression among people.To illustrate ,Kulwant Singh was my maternal uncle and he had established
a
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apply
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business
but due to some reasons he got failure in it and committed suicide,but when anyone works under any organisation there are fewer chances of any kind of mishappening. To recapitulate ,
i
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I
show examples
would like to write that people there are pros as well as cons of family employment.
Submitted by raman on

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